Cashless Business FAQs

Can a Business Refuse Cash in Illinois?

Yes, Illinois-based businesses can legally refuse to accept cash payments. Since there is no statewide mandate requiring businesses to accept cash, businesses have the freedom to offer their preferred payment…

Can a Business Refuse Cash in Ohio?

Yes, for now, Ohio-based businesses and government establishments can refuse to accept cash payments. However, if Ohio legislators pass the pending Currency Access to Spend Here (CASH) Bill (also known…

Can a Business Refuse Cash in Michigan?

Yes, outside of Detroit, most Michigan-based businesses can refuse to accept cash. However, Detroit has a local ordinance in place that mandates businesses to accept on-site cash payments from their…

Can a Business Refuse Cash in Florida?

Yes, in general, under Florida law, businesses can refuse to accept cash payments. On the other hand, some jurisdictions, such as Miami-Dade County, have local ordinances in place that require…

Can a Business Refuse Cash in California?

According to California law, businesses statewide are not required to accept cash payments. However, several cities in California, such as Newport Beach, now require brick-and-mortar businesses to accept cash, particularly…

Is Cashless More Sustainable?

Yes, a cashless-first business model is typically more sustainable than a cash-based system. By prioritizing digital payments, businesses can avoid the exorbitant costs of handling and transporting physical cash, greatly…

What Is a Reverse ATM™ Deposit?

Think of a Reverse ATM™ deposit as a cash-to-card transaction. The customer inserts a specific amount of physical cash into a Reverse ATM™ machine, where they then receive a prepaid…

Can a Hotel Refuse to Accept Cash?

Yes, a hotel, like any other private business, can refuse to accept a cash payment from guests, as no federal law precludes them from doing so. However, there are a…